Japanese Digital Currency for Green Initiatives
Several Japanese companies are gearing up to introduce DCJPY, a digital currency pegged to the Japanese yen, aimed at facilitating transactions involving clean energy certificates.
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Several Japanese companies are gearing up to introduce DCJPY, a digital currency pegged to the Japanese yen, aimed at facilitating transactions involving clean energy certificates.
This currency will be fully backed by bank deposits, promising to streamline payments by making them both cost-effective and swift.
Notably, Internet Initiative Japan (IIJ), one of the country's major telecommunications giants, has already inked an agreement to adopt DCJPY, commencing in July 2024.
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